Corporate Operations: Page 34


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    "The image" by Jernej Furman is licensed under CC BY 2.0
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    50% of restaurants plan to incentivize employees to get vaccinated, survey says

    Even after employees are vaccinated, 75% of restaurants said they will keep their safety protocols in place, according to a report from BlackBox Intelligence.

    By Alicia Kelso • March 18, 2021
  • Zoes Kitchen in One Loudoun, Ashburn, VA in 2018
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    Julie Littman/Restaurant Dive
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    Cava flipping Zoës Kitchen locations to support suburban growth

    Seven Zoës have been converted and another 12 are in the works for this year in a mix of urban and suburban markets, a Cava spokesperson said.

    By Alicia Kelso • March 17, 2021
  • A photograph of chefs in a kitchen. Explore the Trendline
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    sam edwards via Getty Images
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    Trendline

    Menu development

    Restaurants big and small are experimenting with their menus to align with the preferences of on-the-go diners and mitigate the impact of rising food costs, supply chain disruption and shrinking consumer discretionary funds. 

    By Restaurant Dive staff
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    LEON
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    British QSR Leon shutters US locations

    The company managed to keep only one American location open over the past 12 months, with volume down 85%, Leon USA president Glenn Edwards said. 

    By March 17, 2021
  • Torchy's Tacos family pack
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    Permission granted by Torchy's Tacos
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    Torchy's Tacos eyeing IPO, Bloomberg reports

    The fast casual chain, which added 12 new units in 2020, could raise $300 million and debut with a $1 billion valuation, per the publication. 

    By March 15, 2021
  • Burger King gets a fresh look
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    Courtesy of Burger King
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    Burger King hires Domino's exec as COO

    Tom Curtis, who has worked at the pizza chain for 35 years, will join the QSR in May in the midst of Burger King's ongoing drive-thru modernization and expansion of its loyalty program. 

    By March 12, 2021
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    "The image" by Mike Mozart is licensed under CC BY 2.0
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    Newly public BurgerFi adds CFO

    After debuting on the stock market in December 2020, the fast casual chain tapped Michael Rabinovitch, a 25-year finance veteran.

    By Jane Thier • March 8, 2021
  • Uber Eats courier
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    "The image" by shopblocks is licensed under CC BY 2.0
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    Uber Eats' US and Canada head leaves after 6 months

    Sarfraz Maredia, current leader of Uber's rides division in the U.S. and Canada, will take on the position vacated by Stephane Ficaja. 

    By March 8, 2021
  • Papa John's in Sterling, Virginia
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    Julie Littman/Restaurant Dive
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    Domino's, Papa John's sales soar on pandemic delivery demand, but complications loom

    Both chains reported double-digit same-store sales growth last year, but delivery aggregators' growing market share could complicate strategies when pizza sales return to normal levels.

    By March 4, 2021
  • Chipotle in Savannah, Georgia
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    Thai Phi Le/Restaurant Dive
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    Chipotle will tie 10% of executive incentives to environmental, diversity goals

    The company aims to source 37 million pounds of organic, locally grown produce this year and promote more women and people of color above the restaurant level.  

    By Updated March 4, 2021
  • Wendy's expects to reach 8K units globally by 2025

    With a growing emphasis on nontraditional locations like drive-thru only units and dark kitchens, the QSR expects to open 250 stores globally in 2021. 

    By March 4, 2021
  • Chipotle in Savannah, Georgia
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    Thai Phi Le/Restaurant Dive
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    Chipotle to settle 2017 overtime dispute with $15M payout

    Plaintiffs alleged Chipotle switched employees who were eligible for overtime back to "exempt" status while an injunction related to the The Fair Labor Standards Act, which expanded overtime rules, was in place.

    By Alicia Kelso • March 3, 2021
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    Courtesy of McDonald's
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    McDonald's CEO calls for updates to workplace safety policy

    Tasking four of the company's top leaders with updating its brand standards on the issue, and taking employee and franchisee feedback into account, could help further address the chain's culture issues. 

    By Alicia Kelso • March 2, 2021
  • Shake Shack borrows $225M to support expansion plans

    The funding will be used to aid opening additional units, new store formats and drive-thrus, as well as improvements to the digital guest experience and further investments in talent development. 

    By March 2, 2021
  • Taco Bell mobile store
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    Retrieved from Taco Bell on August 20, 2020
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    Yum Brands buys Kvantum's AI business to 'fast-track' data-driven marketing

    The owner of KFC and Taco Bell will combine Kvantum's machine learning tech with culture-based insights from Collider Lab, a consultancy it acquired in 2015.

    By Peter Adams • March 2, 2021
  • Two new versions of the Beyond Burger will launch in 2021.
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    Permission granted by Beyond Meat
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    McDonald's, Yum Brands sign global partnerships with Beyond Meat

    The word "exclusive" doesn't appear in either announcement, which could mean the door is open for other plant-based partnerships as the chains ramp up their offerings in the category.

    By Alicia Kelso • Feb. 26, 2021
  • Packaging manufacturers compete for raw materials as takeout shakes up foodservice

    There has been "an increased use of tamper-evident and tamper-resistant packaging, designed to protect food and beverage when it’s on the go," said Natha Dempsey, president of the Foodservice Packaging Institute.

    By Jen A. Miller • Feb. 26, 2021
  • Hooters fast casual concept hoots wings
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    Retrieved from hoots wings on December 08, 2020
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    Hooters’ fast casual chain Hoots Wings signs first franchise deal

    Hoots Wings plans to open 60 franchised locations through its new agreement with Dallas-based AE Restaurant Group. 

    By Alicia Kelso • Feb. 25, 2021
  • Cracker Barrel to test virtual chicken and biscuits brand as off-premise grows 78%

    The company has been operating its ghost kitchen facility in Indianapolis since the fall and plans to launch the concept from the location this week. 

    By Alicia Kelso • Feb. 24, 2021
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    Industry Dive
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    Remote Chipotle ERG will support minority mentorship program

    The group, which will hold virtual roundtable discussions and quarterly diversity and inclusion training, builds on the fast casual chain's past efforts to make talent development more accessible.

    By Ryan Golden • Feb. 24, 2021
  • A closed Burgerim in Ashburn, Virginia
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    Julie Littman/Restaurant Dive
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    California fines Burgerim $4M, orders it to refund franchise fees

    The chain sold franchises to 1,550 operators who paid $57.7 million in fees, according to a complaint by the state, but didn't deliver the refunds it promised to many franchisees.

    By Feb. 24, 2021
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    Retrieved from Just Salad on February 23, 2021
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    Just Salad takes its reusable bowl program to go

    While sales of its dine-in reusable program grew 100% in 2019, the pandemic caused more customers to order carryout, which pushed the fast casual chain to offer the bowls for off-premise. 

    By Alicia Kelso • Feb. 23, 2021
  • Olo's curbside enhancement offering launched in 2020
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    Retrieved from Olo/Business Wire on February 22, 2021
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    Olo files to go public with $100M offering

    The software company posted a 94% increase in revenue during 2020 as customers shifted toward digital ordering channels during the pandemic. 

    By Feb. 23, 2021
  • Steak 'n Shake sued for $8.5M in unpaid fees

    Fighting back against the restaurant chain's assertions that it is debt free, Wilmington Trust has filed a claim that it's owed millions in unpaid fees and interest dating back to 2018.

    By Updated April 6, 2021
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    Toast considering IPO valued at $20B, WSJ reports

    The software company, which processed 50 million digital guest orders in 2020, is also exploring a sale or merger with a special purpose acquisition corporation, per the publication.

    By Feb. 22, 2021
  • Noodles & Company in Pittsburgh
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    Thai Phi Le
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    Noodles & Company plots multi-unit franchise expansion

    The fast casual chain is looking to grow its footprint in Southern and Southwest markets, with a focus on off-premise operations.

    By Feb. 19, 2021